SMSFs flagged on key evidence required from auditors for downsizer contributions
Tony Zhang
SMSFs will need to go through various hurdles when presenting evidence to the auditor to satisfy downsizer contributions, according to a law
SMSFs will need to go through various hurdles when presenting evidence to the auditor to satisfy downsizer contributions, according to a law
Australia’s largest financial institutions have forked out nearly $2 billion in compensation in the resulting fallout from financial advic
An industry body has called for the establishment of a research panel within the corporate regulator to vet investment products in more de
Changes in excess contribution processes will require careful assessment of various scenarios which can greatly impact the SMSF’s contribu
SMSFs can utilise various asset protection strategies to control and manage their superannuation benefits, creating better alignment with th
The Federal Court has found that an advice group was responsible for not ensuring its former adviser provided appropriate advice to clients
An industry body has renewed calls for exiting major banks and institutions to pay their share of the ASIC levy.
Superannuation contribution changes announced in the federal budget will likely lead to a major change in bring-forward arrangement strategi
Federal Labor has been urged to come clean on its plan to introduce a $3,000 deduction cap for managing tax affairs, a week after it dumped
ASIC has banned two financial advisers for six years for breaching their compliance duty.
The corporate regulator has cancelled the licence of a Victorian SMSF advice provider that has exited the industry.
The Reserve Bank of Australia (RBA) has revealed its decision on the August 2021 cash rate, as governments grapple to minimise the economic
SMSFs are increasingly being exposed to risks stemming from grey areas around compliance breaches, particularly for residential and commerci
SMSFs have been flagged on different approaches on managing traps from duty triggering when resettling a discretionary trust.
ASIC has banned two Gold Coast-based advisers for five years after failing to comply with financial services laws and breaching the best int
The principal of an accounting and SMSF firm has avoided jail time despite fraudulently obtaining over $135,000 in GST refunds on behalf of
More recently established audit firms will face greater challenges when managing fee referral sources in the auditor independence changes, w
The SMSF Association has confirmed that the recent advice fee consent changes will not have an application to SMSFs.
A former director of a wealth management firm has been charged with authorising the making of a false or misleading statement to ASIC.
A Liberal MP has called for Parliament to scrap the Hayne royal commission recommendations, saying they only bring “harm and damage” to
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